Summary minutes of the meeting on April 3, 2008 |
3. Mai 2008, 15:54 UhrThe ECB Shadow Council decided with a majority of ten members to recommend that the ECB leave its key rate unchanged at four percent at the next policy meeting on April 10. Five members voted in favour of a rate cut of 25 basis points instead. This was down two from last month’s seven votes for a cut. |
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Summary minutes of the meeting on April 30, 200830. April 2008, 17:51 Uhr |
The ECB Shadow Council decided with a majority of nine members to recommend that the ECB leave its key rate unchanged at four percent at the next policy meeting on April 10. Six members voted in favour of a rate cut of 25 basis points, instead. This was up one from last month’s five votes for a cut, but one less than two months ago.The discussion at this meeting centred on the question if the ECB might be too ambitions in pursuing an inflation target of “close but below two percent,” |
Summary minutes of the meeting on February 28, 200829. Februar 2008, 15:29 Uhr |
The ECB Shadow Council recommended, with a slim majority of 8 out of 15 votes, that the ECB Governing Council leave its key interest rate unchanged at 4 percent at its forthcoming policy meeting on March 3.. Seven members recommended a rate cut by 25 basis points, instead. Of the eight members who voted for unchanged rates, most expressed a clear bias toward lower rates, one expressed a strong bias toward higher rates. While the number of proponents of a rate cut increased only by one, several members joined this camp, while several others switched into the camp of those arguing for no change. |
Summary minutes of the meeting on January 31, 20081. Februar 2008, 13:38 Uhr |
The ECB Shadow Council recommended, with a majority of 9 out of 15 votes, that the ECB Governing Council leave its key interest rate unchanged at 4 percent at its forthcoming policy meeting on February 7. Six members recommended a rate cut by 25 basis points, instead. Of the nine members who voted for unchanged rates, seven expressed a clear bias toward lower rates, one was neutral and one expressed a bias toward higher rates. |
Summary minutes of the meeting on November 29, 20074. Dezember 2007, 08:39 Uhr |
The ECB Shadow Council voted in favour of unchanged interest rates with a majority of 13 votes. Six members voted in favour of an immediate rate cut of 25 basis points to 3.75 percent. All but one member of the majority expressed some form of bias toward lower rates. There was near unanimity that the ECB should remove their own rate hike bias in their communication. |
Minutes of Earlier Meetings23. Februar 2006, 19:11 Uhr |
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